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Reference R9531

Chinese Hot Food Takeaway in South London For Sale

Register to see map and to make an appointment Situated in a parade of shops, bussy road, sought after position, SE LONDON

Price 45,000

Features

Chinese Hot Food Takeaway & Delivery (closed Since March, 2020)

We understand trading as a Chinese Hot Food Takeaway & Delivery for many years & in fact the business we understand has been in the same hands for the past 16 years. As stated above the business has been closed since March, 2020, however in our opinion offers terrific potential for development in the right hands.

SINGLE FRONTED PREMISES with tiled floor, counter.

KITCHEN. The equipment includes Chinese cooker, 2 microwave ovens, fridges, deep freezers, double sink & drainer etc.

Staff w.c. & wash hand basin

Turnover

AS STATED at present closed, however in our opinion offering terrific potential to re-establish as a Chinese Hot Food Takeaway & Delivery.

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable Council Lease, the preent lease having approximately 10 years unexpired at a rental of 5,500 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS 45,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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